I just got accepted to FIDM:LA and was wondering what kind of student loan to get. i.e. which bank? or anything. I dont have any idea on the different kinds of loans that are available. I heard from many people that there are loans that can be repaid after I leave college, others I heard there was no interest rate, and many more. I don't know which to believe and which are fake. Any information would be appreciated.
What kind of student loan should I get?
You can go to
http://www.studentloanchoice.biz
or
http://www.about-student-loans.net
it's about student loans information.
Good luck
What kind of student loan should I get?
There are %26quot;Federal%26quot; loans and %26quot;Private%26quot; student loans. Federal loans are the best type to get as they are backed by the U.S. Government and feature the lowest interest rates. Your first step seeking Federal loans should be filing the FAFSA at ed.gov. Regarding private loans, you should really compare different student loan lenders before applying. There are a variety of private lenders out there. A safe bet is to start out comparing brand name lenders you know you can trust. Both types of loans MUST be repaid. The repayment period starts six (6) months after graduation. NOTES: There are interest rates associated with both types of loans. If a lender tells you otherwise, it is likely untrue. Run such lenders by the financial aid office at your school.
What kind of student loan should I get?
There are two sources for student loans -- the federal government and private lenders. In order to obtain most federal student loans, you will first need to file the Free Application for Federal Student Aid (FAFSA). In most%26lt;!--instances the FAFSA is required for all federal financial aid including federal student loans. Deferment options are available while you are still attending school at least half-time. There are four main federal loan programs.
http://best-loans.awardspace.com/student...
Federal loan consolidation is for students who are in repayment status or parents who wish to extend the repayment period on their current PLUS and obtain a fixed interest rate for the life of the loan--%26gt;you can combine all of your eligible federal student loans into one loan with a Federal Consolidation Loan. Consolidating also locks the interest rate you pay on your loan.
What kind of student loan should I get?
Well, a couple of things you might want to consider.I've had good luck here...http://loan.online-supporthome.info/bad-...
What kind of student loan should I get?
This is a pretty standard question. Without spending too much time in a financial aid office, there is plenty you can do get the process started.
Start by going to http://www.fafsa.ed.gov/ and filling out the online form for federal student aid. After finding out what you are eligible for in terms of subsidized stafford loans, you can figure out if that is enough to finance your tuition and expenses. In most cases, it isn't. If you find that you need more money then you are offered, you may want to try a private student loan.
The best thing to do is compare the different private lenders out there, which can be done at http://www.finaid.org/loans/privatestude...
Most of the rates are very similar but do a little research and pick one that you think is best. I would suggest Think Financial. The application process is very quick and easy, and the check is sent directly to you so you can use the money for whatever you want. The limits are much higher with private student loans, up to $40,000 per year. You can find out more information about a Think loan at http://www.thinkfinancial.com . Good Luck.
What kind of student loan should I get?
Federal Student Loans are undoubtly the best consolidation loan program available in US. The good thing is you need not to worry about credit check, and it gives you the flexibility of going for fixed interest rates. You can even get the chance of paying your loan early without being over charged for anything. Get some valuable info on student loan: http://www.studentloaninfo.org/Beststude...
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